Xero (XRO) market cap now $4b or bigger than Bank of Queensland.
That's the million dollar question. How do you value it??! I'm just amazed by it's rise and lack of coverage here and in NZ - We don't have research on it, we met with management recently though.
Chris do you guys hold XRO? I am not that close to the business but it seems to be grabbing a lot of headlines? Is the stock likely to live up to the hype in the valuation?